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OPENLANE, Inc.NYSE:OPLN Stock Report

Market Cap US$3.8b
Share Price
US$34.90
US$37.78
7.6% undervalued intrinsic discount
1Y56.6%
7D-7.9%
Portfolio Value
View

OPENLANE, Inc.

NYSE:OPLN Stock Report

Market Cap: US$3.8b

OPENLANE (OPLN) Stock Overview

Operates as a digital marketplace for wholesale used vehicles in the United States, Canada, Continental Europe, and the United Kingdom. More details

OPLN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

OPLN Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

OPENLANE, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for OPENLANE
Historical stock prices
Current Share PriceUS$34.90
52 Week HighUS$38.52
52 Week LowUS$21.84
Beta1.22
1 Month Change13.39%
3 Month Change23.32%
1 Year Change56.57%
3 Year Change128.25%
5 Year Change83.11%
Change since IPO190.11%

Recent News & Updates

Narrative Update May 10

OPLN: Dealer Share Gains And 2026 Outlook Will Guide Balanced Return Potential

Analysts have increased the implied fair value estimate for OPENLANE by about $4 per share, based on updated views on revenue growth, profitability, and future P/E assumptions following a series of recent price target increases and an upgrade. Analyst Commentary Recent research updates on OPENLANE center on higher price targets and an upgrade, with analysts recalibrating their views on what the stock could be worth based on execution in the dealer to dealer segment and updated 2026 expectations.

Recent updates

Narrative Update May 10

OPLN: Dealer Share Gains And 2026 Outlook Will Guide Balanced Return Potential

Analysts have increased the implied fair value estimate for OPENLANE by about $4 per share, based on updated views on revenue growth, profitability, and future P/E assumptions following a series of recent price target increases and an upgrade. Analyst Commentary Recent research updates on OPENLANE center on higher price targets and an upgrade, with analysts recalibrating their views on what the stock could be worth based on execution in the dealer to dealer segment and updated 2026 expectations.
Narrative Update Apr 25

OPLN: Dealer Share Gains And 2026 EBITDA Targets Will Shape Returns

Narrative Update on OPENLANE Analysts have inched their price targets higher into a $35 to $40 range, reflecting recent upgrades that point to share gains in dealer to dealer auctions and 2026 EBITDA guidance that came in ahead of prior expectations. Analyst Commentary Recent research updates on OPENLANE focus on how the business is executing in dealer to dealer auctions, its 2026 EBITDA targets, and where that leaves the valuation setup for the next few years.
Narrative Update Apr 11

OPLN: Dealer To Dealer Share Gains Will Support 2026 Earnings Outlook

Analysts have nudged their price targets on OPENLANE slightly higher, with the fair value estimate effectively moving from about $33.56 to $33.83 as they factor in recent target raises tied to Q4 share gains, ahead of consensus 2026 adjusted EBITDA guidance, and generally supportive research commentary. Analyst Commentary Recent research on OPENLANE has centered on Q4 execution, updated 2026 adjusted EBITDA guidance, and how those inputs feed into refreshed price targets.
Narrative Update Mar 28

OPLN: Dealer To Dealer Share Gains Will Drive 2026 Earnings Power

Narrative Update on OPENLANE The blended analyst price target for OPENLANE has shifted higher by about $1 to $2. This reflects recent target raises into the $35 to $40 range as analysts point to share gains in dealer to dealer auctions, better than expected Q4 results, and 2026 adjusted EBITDA guidance that came in ahead of prior expectations.
Narrative Update Mar 11

OPLN: Q4 Share Gains And 2026 Guidance Will Support Higher Earnings Power

OPENLANE's updated analyst price target edges higher by about $0.10, reflecting analysts' focus on recent Q4 outperformance, higher 2026 adjusted EBITDA guidance, and share gains in the dealer-to-dealer market. Analyst Commentary Recent Street research around OPENLANE has centered on the Q4 performance, updated 2026 adjusted EBITDA guidance, and the implications for valuation and execution risk.
Narrative Update Feb 22

OPLN: Strong Q4 Execution And AI Progress Will Support Higher Earnings Power

Analysts have lifted their price targets on OPENLANE, helping nudge our fair value estimate from $32.19 to $33.44. They point to stronger than expected Q4 results, 2026 adjusted EBITDA guidance ahead of consensus, and updated assumptions for margins and future P/E.
Analysis Article Feb 09

Returns Are Gaining Momentum At OPENLANE (NYSE:OPLN)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Feb 07

OPLN: Mixed Research Views And AI Adoption Will Shape Balanced Outlook

Analysts have lifted their price target on OPENLANE by about $0.25, reflecting updated views on slightly higher revenue growth assumptions, a modestly higher future P/E multiple, and an adjusted profit margin outlook. Analyst Commentary Recent Street research on OPENLANE has been mixed, with two firms lifting their price targets by about US$2 and one major bank trimming its target by about US$1.
Narrative Update Jan 23

OPLN: AI Tools And Cautious Execution Assumptions Will Shape Fairly Balanced Outlook

Analysts have raised their average price target on OPENLANE by about $0.13, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions after recent mixed target changes from Stephens, Barclays and JPMorgan. Analyst Commentary Recent Street research on OPENLANE points in slightly different directions, which is why the average target price has only inched up.
Analysis Article Jan 23

Is OPENLANE (NYSE:OPLN) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Narrative Update Jan 09

OPLN: Share Repurchases And Guidance Reset Will Shape Future Outlook

Analysts have adjusted their price targets on OPENLANE, with the implied fair value holding around US$31.81 as small tweaks to the discount rate, long term revenue growth assumptions, profit margin outlook and future P/E expectations feed into a refined but largely unchanged valuation view. What's in the News OPENLANE plans an Analyst and Investor Day to discuss its company strategy, operating model, technology roadmap and long term outlook (company event) Effective December 26, 2025, OPENLANE will change its New York Stock Exchange ticker symbol to OPLN from KAR (company event) OPENLANE revised 2025 guidance, now expecting income from continuing operations of US$139 million to US$144 million, and a diluted loss from continuing operations per share of US$1.32 to US$1.28, compared with earlier guidance of diluted income per share of US$0.61 to US$0.66 (company guidance) Between July 1, 2025 and September 30, 2025, OPENLANE repurchased 1,050,215 shares, or 0.98% of shares, for US$26.28 million, completing a total of 1,463,403 shares, or 1.36%, for US$35.63 million under the buyback announced on May 7, 2025 (company filing) Valuation Changes Fair Value Estimate remains unchanged at about US$31.81 per share, indicating the updated inputs leave the overall valuation level effectively the same.
Narrative Update Dec 25

KAR: Share Repurchases And Preferred Buyback Will Shape Future Capital Structure

Analysts have modestly raised their price target on OPENLANE to approximately 31.81 dollars per share, citing slightly lower discount rate assumptions that reflect a marginally reduced risk profile, while leaving long term growth and profitability expectations largely unchanged. What's in the News Effective December 26, 2025, OPENLANE, Inc.
Analysis Article Dec 25

Subdued Growth No Barrier To OPENLANE, Inc. (NYSE:KAR) With Shares Advancing 25%

OPENLANE, Inc. ( NYSE:KAR ) shareholders would be excited to see that the share price has had a great month, posting a...
Narrative Update Dec 11

KAR: Share Repurchases And Preferred Buyback Will Drive Future Upside Potential

Analysts have modestly raised their price target on OPENLANE to $31.81 per share, reflecting slightly lower perceived risk and a marginally richer future earnings multiple based on their updated assumptions. What's in the News Completed a common share repurchase of 1,463,403 shares, or 1.36 percent of shares outstanding, for a total of $35.63 million under the buyback program announced on May 7, 2025 (company disclosure) Repurchased 1,050,215 shares, or 0.98 percent of shares outstanding, for $26.28 million between July 1 and September 30, 2025, as the latest tranche under the ongoing buyback (company disclosure) Revised 2025 guidance to income from continuing operations of $139 million to $144 million, up from prior guidance of $132 million to $140 million, while now expecting a diluted loss from continuing operations per share of $1.32 to $1.28 instead of prior projected diluted income of $0.61 to $0.66 (company guidance) Closed the repurchase of 53 percent of its Series A Convertible Preferred Stock and amended its Credit Agreement to add $550 million in secured term loans to fund the transaction (company disclosure) Valuation Changes Fair Value Estimate: Unchanged at $31.81 per share, indicating no revision to the intrinsic value assessment.
Narrative Update Nov 26

KAR: Rising Earnings Outlook and AI Technology Will Drive a Market Upswing

Analysts have maintained their price target for OPENLANE at $31.81, citing consistent revenue growth estimates as well as only minor adjustments to discount rates and profit margins in their latest review. What's in the News OPENLANE revised its 2025 earnings guidance, now expecting income from continuing operations between $139 million and $144 million.
Narrative Update Nov 12

KAR: Revenue and Profit Margin Improvements Will Drive Positive Market Reappraisal

Analysts have slightly raised their price target for OPENLANE from $31.36 to $31.81, citing improved revenue growth and profit margin expectations. These factors more than offset a modestly higher discount rate and lower projected future price-to-earnings ratio.
Narrative Update Oct 28

Artificial Intelligence And Buybacks Will Drive Next Phase In Auto Auctions

Narrative Update on OPENLANE Analyst Price Target Analysts have maintained OPENLANE's fair value estimate at $31.36. They note that minor adjustments to the discount rate and forward price-to-earnings expectations reflect modest refinements in their outlook.
Narrative Update Oct 14

Digital Transformation And AI Will Reshape Vehicle Auctions

Analysts have raised their price target for OPENLANE from $30.50 to $31.36, citing gradual improvements in projected revenue growth and profit margins as key supporting factors. What's in the News OPENLANE announced the launch of Audio Boost AI, a new feature that uses AI to analyze engine audio recordings and flag potential issues for vehicle dealers.
Seeking Alpha Aug 14

Openlane: Buy On Improving Industry Fundamentals And Debt Payoff (Upgrade)

Summary I am upgrading OPENLANE to Buy after strong Q2 2025 results, debt elimination, and a robust share repurchase program. KAR is delivering profitable growth, expanding its dealer network, and prioritizing digital marketplace capabilities and financing integration. The company boasts strong free cash flow, low stock-based compensation, and a $250 million buyback authorization through 2026. Despite some supply headwinds, KAR’s valuation, capital allocation, and improving industry fundamentals support a bullish outlook. Read the full article on Seeking Alpha
Analysis Article Aug 09

Results: OPENLANE, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NYSE:KAR 1 Year Share Price vs Fair Value Explore OPENLANE's Fair Values from the Community and select yours OPENLANE...
Narrative Update Aug 07

Digital Transformation And AI Will Reshape Vehicle Auctions

OPENLANE’s consensus price target remains unchanged at $26.17, even as its future P/E has nearly doubled, indicating a higher valuation multiple despite flat revenue growth expectations. What's in the News Raised full-year 2025 earnings guidance, now expecting income from continuing operations of $132 million to $140 million, up from previous guidance of $100 million to $114 million.
Analysis Article Jul 25

At US$24.78, Is It Time To Put OPENLANE, Inc. (NYSE:KAR) On Your Watch List?

OPENLANE, Inc. ( NYSE:KAR ), might not be a large cap stock, but it led the NYSE gainers with a relatively large price...
Analysis Article Jul 04

These 4 Measures Indicate That OPENLANE (NYSE:KAR) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 29

OPENLANE (NYSE:KAR) Is Looking To Continue Growing Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Apr 08

Unpleasant Surprises Could Be In Store For OPENLANE, Inc.'s (NYSE:KAR) Shares

There wouldn't be many who think OPENLANE, Inc.'s ( NYSE:KAR ) price-to-sales (or "P/S") ratio of 1.1x is worth a...
Analysis Article Mar 21

What Is OPENLANE, Inc.'s (NYSE:KAR) Share Price Doing?

OPENLANE, Inc. ( NYSE:KAR ), might not be a large cap stock, but it received a lot of attention from a substantial...
Seeking Alpha Mar 18

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

Summary Openlane currently has a vacant CFO position. Remaining management was recently awarded new time-based RSUs. Openlane operates in an attractive wholesale auto market which is large, fragmented and ripe for consolidation, particularly given the current tariff situation for new autos. Openlane's stock chart is outperforming its peer group and broader indices which could indicate that there is something going on inside the company. Either way, Openlane trades with an attractive 9-10x EBITDA multiple, giving investors a near-term and long-term shot on goal to make solid returns. Read the full article on Seeking Alpha
Analysis Article Mar 02

OPENLANE's (NYSE:KAR) Earnings Are Of Questionable Quality

Unsurprisingly, OPENLANE, Inc.'s ( NYSE:KAR ) stock price was strong on the back of its healthy earnings report. We did...
Analysis Article Feb 17

Is OPENLANE (NYSE:KAR) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 01

There's Been No Shortage Of Growth Recently For OPENLANE's (NYSE:KAR) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Nov 04

OPENLANE, Inc.'s (NYSE:KAR) Share Price Matching Investor Opinion

It's not a stretch to say that OPENLANE, Inc.'s ( NYSE:KAR ) price-to-sales (or "P/S") ratio of 1x right now seems...
User avatar
New Narrative Sep 12

AI-Driven Innovations And Strategic Growth Set To Propel Market Leadership

OPENLANE's innovation and asset-light digital model aim for profitable growth by increasing market share and improving operational efficiency.
Analysis Article Aug 11

OPENLANE (NYSE:KAR) Shareholders Will Want The ROCE Trajectory To Continue

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Seeking Alpha Jul 24

Openlane: Buy On Earnings Turnaround And Market Share Gains

Summary OPENLANE is a leading used car conglomerate that reported $200 million in losses in 2023 but will likely swing to $100 million in net profit by 2025. OPENLANE's primary source of losses, its marketplace segment, should see margins improve in the coming quarters. OPENLANE will report Q2 earnings on August 2, which will “roll over” a previous $251 million impairment, providing a short-term catalyst for the stock. Favorable industry tailwinds and operational efficiency improvements will bolster medium-term revenue and profit growth. Read the full article on Seeking Alpha
Analysis Article Jul 15

There's Reason For Concern Over OPENLANE, Inc.'s (NYSE:KAR) Price

With a median price-to-sales (or "P/S") ratio of close to 1.4x in the Commercial Services industry in the United...
Analysis Article Jun 06

Is OPENLANE (NYSE:KAR) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 12

Some Confidence Is Lacking In OPENLANE, Inc.'s (NYSE:KAR) P/S

It's not a stretch to say that OPENLANE, Inc.'s ( NYSE:KAR ) price-to-sales (or "P/S") ratio of 1.2x right now seems...
Analysis Article Dec 23

Subdued Growth No Barrier To OPENLANE, Inc.'s (NYSE:KAR) Price

There wouldn't be many who think OPENLANE, Inc.'s ( NYSE:KAR ) price-to-sales (or "P/S") ratio of 1x is worth a mention...

Shareholder Returns

OPLNUS Commercial ServicesUS Market
7D-7.9%-1.1%1.1%
1Y56.6%-15.9%26.7%

Return vs Industry: OPLN exceeded the US Commercial Services industry which returned -15.9% over the past year.

Return vs Market: OPLN exceeded the US Market which returned 26.7% over the past year.

Price Volatility

Is OPLN's price volatile compared to industry and market?
OPLN volatility
OPLN Average Weekly Movement5.4%
Commercial Services Industry Average Movement7.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: OPLN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OPLN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20064,416Peter Kellycorporate.openlane.com

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for wholesale used vehicles in the United States, Canada, Continental Europe, and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment includes various activities designed to facilitate the transfer of used vehicles for sellers and buyers; vehicle logistics center locations; SaaS-based private label remarketing solutions to automobile manufacturers, captive finance companies, and other commercial customers to digitally offer vehicles for sale; wholesale vehicle marketplaces; and value-added ancillary services including inbound and outbound transportation logistics, reconditioning and mechanical work, vehicle inspection and certification, titling, administrative, and collateral recovery services.

OPENLANE, Inc. Fundamentals Summary

How do OPENLANE's earnings and revenue compare to its market cap?
OPLN fundamental statistics
Market capUS$3.79b
Earnings (TTM)-US$84.90m
Revenue (TTM)US$2.00b
1.8x
P/S Ratio
-43.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPLN income statement (TTM)
RevenueUS$2.00b
Cost of RevenueUS$1.07b
Gross ProfitUS$930.50m
Other ExpensesUS$1.02b
Earnings-US$84.90m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.80
Gross Margin46.47%
Net Profit Margin-4.24%
Debt/Equity Ratio145.6%

How did OPLN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 22:00
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OPENLANE, Inc. is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
John BabcockBarclays
Manav PatnaikBarclays